Bitcoin remains one of the most-watched assets in the financial world. Its price is currently in a healthy consolidation phase after strong gains earlier in the year. The support zone around $104,000 to $105,000 remains critical. As long as this holds, chances for recovery and renewed bullish momentum remain strong.
A break above $109,000 to $112,000 could open the doors to $120,000 and beyond. On the flip side, breaking below $100,000 would indicate a deeper correction. However, with growing institutional flows, corporate buying, and positive regulatory developments, the longer-term trend still looks favorable.
Bitcoin’s path in the coming weeks will likely be shaped by a mix of global events, central bank signals, and investor risk appetite. For now, the digital asset continues to show strength, even in uncertain times.